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CIM Subsequent Borrowing Availability

Company: Applied Digital

Subject kind
financing
Statement date
2024-06-16
Promised amount
110000000.0 USD
Current status
stated

The claim, verbatim

Promissory Note allows subsequent borrowings of up to $110 million subject to satisfaction of certain conditions

Source (primary)

Applied Digital 424B5 filed 2024-06-17 (SEC EDGAR, sec_filing)
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Quote: “subsequent borrowings of up to $110 million which will be available subject to the satisfaction of certain conditions”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Applied Digital 424B5 filed 2024-06-17

Quote: “subsequent borrowings of up to $110 million which will be available subject to the satisfaction of certain conditions”

View cached copy (2026-08-31)Live source ↗